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Short V-Guard Industries; buy Interglobe Aviation, M&M Financial: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may short V-Guard Industries and buy Interglobe Aviation and M&M Financial Services.

June 28, 2017 / 15:25 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Stocks are offering opportunities on both sides, long and short. So, among the short sellers, V-Guard Industries has seen a sharp rally. It was now distributing and it is now correcting. So, independently V-Guard is a short sell. When I say independently it means irrespective of today’s price action. It is probably going down into a correction."

"All the three airline companies are doing well in terms of stock prices, Interglobe Aviation is probably going to have a nice and smart rally. It is worth buying into," he said.

"M&M Financial Services is an exception to the generally subdued tone in NBFCs. So, M&M Financial and IndiGo for buying and V-Guard for short selling."

"Subros is one of the better stocks in the auto ancillary pack. I think one should stay on with it. It is a midcap; midcaps are doing badly, that is today, tomorrow, the last few days, but in the longer term, midcaps are going to outperform even the broad market, even the Nifty. Stay with it."

first published: Jun 28, 2017 02:34 pm

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